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March 3, 2026
On Tuesday, President Donald Trump stated that the U.S. military had been successful in destroying many Iranian air and naval targets. He said "almost everything" was destroyed. Responding to questions from reporters, Trump said that he had…
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March 3, 2026
The Times newspaper reported on Tuesday that Britain plans to send a warship to defend its Royal Air Force Akrotiri in Cyprus against Iranian attacks. A 'drone attack' by Iran hit the runway at the Akrotiri base early on Monday morning. Britain said that UK assets were targeted.
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March 2, 2026
Analysts say that disruptions to the marine traffic in the Middle East Gulf could prevent the region's aluminium smelters not only from exporting their metal but also from receiving the raw materials needed to continue producing metal. Gulf…
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March 2, 2026
BERLIN, 2 March - At the very least, 25 ships?from 7 German maritime companies?including two?cruise ships?carrying about 7,000 'passengers' are stranded 'in 'Gulf waters 'and cannot leave the Strait of Hormuz due to security reasons. Germany's shipowners association VDR announced this on Monday…
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February 25, 2026
Ireland plans to increase radar and subsea monitoring capabilities, and work more closely with NATO members in the face of hybrid threats arising from the North Atlantic. This was revealed by the country on Wednesday as part of its first maritime strategy.
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February 24, 2026
The Danish defence ministry announced on Tuesday that Ukrainian drone manufacturer 'Skyfall' is in discussions with the country about becoming the'second defence firm from the war-torn nation to set up production on Danish soil. The firm stated…
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February 24, 2026
Italian yacht manufacturer Ferretti announced a 6.7% increase in its core profit for the full year, as well as a 47% jump in orders of made-to measure?yachts. Last year, adjusted?earnings prior to interest, taxes and depreciation (EBITDA), a measure of earnings before interest…
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February 24, 2026
Sources and data indicate that trading houses and buyers of Venezuelan oil chartered the very large crude carriers to export from the South American nation since the Caracas-Washington deal was signed. This is expected to increase shipments to India and speed up the process starting in March.
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February 24, 2026
Panama published a Supreme Court decision on Monday in its official gazette canceling a number of port contracts held by a subsidiary CK 'Hutchison. This cleared the way for a Maersk APM Terminals temporary takeover. This publication is the…
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February 23, 2026
Renault announced on Monday that it would buy out the stakes of truckmaker Volvo Group and shipping firm CMA CGM in Flexis, their joint venture for new-generation electric vans. The agreement is expected to take effect by the end the first half…
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February 20, 2026
Data shows that the world's benchmark Brent crude oil is being sold at the lowest price in three years from the Baltic ports of Russia. Discounts are important, as they result from sanctions that the West imposed against Russia for the "war" in Ukraine.
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February 16, 2026
Hapag-Lloyd, a German shipping company, announced on Monday that it would purchase Israel's ZIM for $4.2 billion. This will cement its position as the fifth-largest group in the world. The deal was met with a backlash from Israelis, as ZIM employees at the Haifa headquarters went on strike…
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February 14, 2026
British International Investment, the UK's development investment agency, welcomed DP World’s new chief executive on?Friday and said it would resume investments with the Dubai-based port operator. BII earlier this week halted all new investments…
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February 14, 2026
Dubai Media Office reported that DP World, the port giant in Dubai, announced Friday the 'appointment' of Essa?Kazim?as a?chairman?of its board?and Yuvraj narayan?as group chief executive?officer?. This was after mounting pressure had been placed…
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February 12, 2026
The UK Development Finance Agency and Canada's second largest?pension funds have suspended new investments?with global port operator DP World due to alleged ties between DP World's chief executive and disgraced financier Jeffrey Epstein. This has increased pressure on the Dubai based firm.
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February 12, 2026
Initial assessments by traders indicated that the lowest price offered in the first round tender of the 'Turkey state grain board TMO for the purchase and import of 255,000 metric tons of animal feed barley was $266.20 per ton, cost and freight included.
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February 11, 2026
German submarine manufacturer TKMS announced a record-breaking $22 billion backlog of orders on Wednesday. They also raised their 2026 sales forecast, citing a surge in demand for warships during a period of increasing geopolitical tensions.
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February 6, 2026
The EU barley exports may reach a decade-high this season, as the EU is able to shift a large harvest due to the brisk demand for feed overseas and the reduced competition in the Black Sea Region. The surge in demand for European "feed" barley…
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February 6, 2026
The Vietnamese authorities have chosen a newly-created subsidiary of real estate conglomerate Vingroup for the development of the first phase of a major offshore wind project in the country. Morgan Stanley-backed German renewable company PNE…
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February 6, 2026
France's de-facto ambassador to Taipei, speaking of voyages that regularly enrage China, said Thursday that foreign countries are not provoking China by their naval missions in the Taiwan Strait, but rather asserting international laws. Beijing claims sovereignty over Taiwan and views the narrow…
